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Plane was in training spin when it crashed, killing instructor and student: report

Plane was in training spin when it crashed, killing instructor and student: report

EDMONTON — A report says a plane was doing a training spin at a lower-than-recommended altitude when it went down in a lake near Edmonton, killing a flight instructor and a student pilot.
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S&P/TSX composite up as BoC cuts key rate, U.S. stock markets dip as Fed holds

S&P/TSX composite up as BoC cuts key rate, U.S. stock markets dip as Fed holds

TORONTO — Canada's main stock index closed higher Wednesday as the Bank of Canada cut its key lending rate, while U.S. stock markets dipped as the U.S. Federal Reserve kept its rate unchanged.
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Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules

Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules

WASHINGTON (AP) — The Republican-controlled Senate on Wednesday confirmed Lee Zeldin to lead the Environmental Protection Agency, a key role to help President Donald Trump fulfill his pledge to roll back major environmental regulations, including tho
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Bank of Canada cuts rates to 3% as U.S. tariff threat clouds outlook

Bank of Canada cuts rates to 3% as U.S. tariff threat clouds outlook

OTTAWA — The potential for U.S. tariffs is clouding the economic outlook for the Bank of Canada as it delivered another interest rate cut, reducing its policy rate by a quarter-percentage point to three per cent.
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Canada-U.S. interest rate gap widens, but BoC more focused on tariffs: experts

Canada-U.S. interest rate gap widens, but BoC more focused on tariffs: experts

The gap in interest rate policies between Canada and the U.S. widened further as the Bank of Canada cut its key lending rate by a quarter-point on Wednesday, while the U.S. Federal Reserve held rates steady.
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Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules

Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules

WASHINGTON (AP) — The Republican-controlled Senate on Wednesday confirmed Lee Zeldin to lead the Environmental Protection Agency, a key role to help President Donald Trump fulfill his pledge to roll back major environmental regulations, including tho
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Nova Scotia's largest ever increase to the minimum wage is inadequate: advocacy group

Nova Scotia's largest ever increase to the minimum wage is inadequate: advocacy group

HALIFAX — The Nova Scotia government says workers will benefit from the province's largest ever increase to the minimum wage later this year, but an advocacy group says $16.50 an hour doesn't come close to being a living wage.
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Hawaii wildfire victims spared from testifying after last-minute deal over $4B settlement

Hawaii wildfire victims spared from testifying after last-minute deal over $4B settlement

HONOLULU (AP) — Lawyers representing victims of a deadly Hawaii wildfire reached a last-minute deal averting a trial Wednesday to determine how to split a $4 billion settlement .
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Stock market today: Wall Street slips after the Fed keeps interest rates steady

Stock market today: Wall Street slips after the Fed keeps interest rates steady

NEW YORK (AP) — U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September. The S&P 500 fell 0.5% Wednesday. The Dow Jones Industrial Average dipped 0.
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Damages in Jasper wildfire rise to $1.2B, goal to clear rubble for May construction

Damages in Jasper wildfire rise to $1.2B, goal to clear rubble for May construction

JASPER, ALTA. — The Insurance Bureau of Canada says last year's wildfire in Jasper, Alta., which destroyed one-third of the town's homes and buildings, is the second costliest fire disaster in the country's history.
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